Agricultural Adjuvants Market Worth $3183.04 Million by 2019
18 Dec, 2014, 13:30 GMT
DALLAS, December 18, 2014 /PRNewswire/ --
The report "Agricultural Adjuvants Market by Type (Activator and Utility), Application (Herbicides, Fungicides, and Insecticides), & Region - Global Trends & Forecast to 2019", defines and segments of the Agricultural Adjuvants Market with analyses and projection of the size and trends, in terms of value. It also identifies the driving and restraining factors for the market with analyses of opportunities, burning issues, and challenges.
Browse 109 market data tables, 40 figures spread through 190 pages and in-depth TOC on "Agricultural Adjuvants Market - Global Trends & Forecast to 2019"
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The market has been segmented on the basis of major regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW); and their value has been projected. The size of the markets in key countries has also been covered and projected for each region. The market has also been segmented on the basis of application and type, and their size has been projected.
The Agricultural Adjuvants Market is a segment of the agrochemicals market, which falls under the broad category of crop protection chemicals. An adjuvant is a compound, other than water, used with a pesticide to enhance its effectiveness. Adjuvants help agrochemicals to spread on leaf surfaces to get the best results. Agricultural adjuvants consist of activator adjuvants (which include surfactants, oils, and ammonium fertilizers) and utility adjuvants (that comprise compatible agents, drift control agents, acidifiers/buffers, and water conditioners). There are formulations of pesticides that contain adequate adjuvants and some pesticides require addition of adjuvants when applied on certain crops, especially cabbage, cauliflower, onions, and peppers.
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The Agricultural Adjuvants Market, in terms of value, is projected to reach $3,183.04 million by 2019, at a CAGR of around 5.6% from 2014. Numerous factors such as, easy application, modern production practices, new product offerings, increased availability, increasing infestation of pests and diseases, and government regulations to protect the environment from hazardous chemical usage are the major drivers of the Agricultural Adjuvants Market. Adjuvants are quietly helping to revolutionize the agrochemical business as they are the best tools for farmers to improve application, facilitate the right dosage, and achieve more cost-effective, better targeted, and environmentally acceptable pest control. The agricultural adjuvants plays an essential role in the performance of most herbicides, fungicides, and insecticides, and function by transforming the dosage from preventative, high-dose applications to low dosages, specifically targeted for curative applications.
Agricultural adjuvants are classified into activator adjuvants and utility adjuvants. Activator adjuvants dominate the Agricultural Adjuvants Market, having contributed around 78%-80% share in 2013, and are further categorized as surfactants, oils, and ammonium fertilizers. The surfactants segment holds the key share in activator adjuvants. The key application of agricultural adjuvants is in herbicides, followed by fungicides, insecticides, and others. Glyphosate dominates the consumption of adjuvants in herbicides.
The global Agricultural Adjuvants Market is fragmented and significantly price-sensitive. Owing to high entry barriers, the number of market participants remains limited. Due to these factors, the market displays oligopolistic characteristics. The leading participants in innovation and patent registration such as AkzoNobel N.V. (The Netherlands), Clariant International Ltd. (Switzerland), Solvay SA (Belgium), Dow Corning (U.S.), Croda Chemicals (India), Tanatex Chemicals (Europe), and Helena Chemical Company (U.S.) are the largest players in the Agricultural Adjuvants Market.
Browse related reports:
European Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), by Crop Types, by Geography - Trends and Forecast to 2018
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